The big pie (Bitcoin) has fluctuated greatly today. After continuous stretching, it suddenly welcomed a reversal, plunging from around 102700 to 92500. The waterfall drop of ten thousand points was unexpected for many; this kind of trend is indeed too extreme. After accumulating at a high position, it was all wiped out in one go. However, such situations are rare, and as long as you maintain good defense, there will be opportunities to recover.

The daily chart of the big pie shows a strong spike, and when it touched the lower track, a rebound began, leaving a long lower shadow. After the daily closing, it started to oscillate at a low position, currently forming a low position doji. As it stands, the rebound momentum is still relatively strong. From the hourly perspective, it is also hovering around the moving averages. Since the one-sided downward structure has already emerged, it is still advisable to continue looking downwards.

Big pie short at 95200-95500, with attention on 93500.

Ethereum short at 3360-3375, with attention on 3280.